MILLSTREAM COTTAGE, THE ISLAND, CASTLETON, HOPE VALLEY, S33 8WN - £240,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

MILLSTREAM COTTAGE is a small extended terraced house of 82m², built sometime before 1900, which could now be worth an estimated £340,037. It was last sold for £240,000 in June 2018, which was around 59% above the average June 2018 terraced price in the High Peak local authority area. The most recent EPC inspection was March 2018, where the current energy rating was D, and the potential energy rating was B.

MILLSTREAM COTTAGE Sold Prices

Land registry data shows five sales for MILLSTREAM COTTAGE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the High Peak local authority area for the corresponding sale date. Most of the five MILLSTREAM COTTAGE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 22 JUN	£240,000	£151,279	59% above HPI
2005 16 DEC	£120,000	£123,046	2% below HPI
2000 3 JUL	£75,000	£51,486	46% above HPI
1998 16 JAN	£67,500	£42,846	58% above HPI
1995 16 JUN	£58,000	£39,816	46% above HPI

MILLSTREAM COTTAGE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the High Peak local authority area over time, sourced from the HPI. The five MILLSTREAM COTTAGE sales between June 1995 and June 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the December 2005 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2018 sale, where it rises to 59% above the HPI. The line then continues to track at 59% above the HPI.

What might MILLSTREAM COTTAGE be worth now?

MILLSTREAM COTTAGE might now be worth an estimated £340,037.

This is based on house price inflation of 41.7%, between June 2018 and May 2026, for terraced houses, in the High Peak local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 41.7% inflationary increase is applied to the most recent sale price for MILLSTREAM COTTAGE of £240,000 on 22nd June 2018. For the value to have increased from £240,000 to £340,037 over the eight years and one month to May 2026, the following assumptions must hold true:

• The value of MILLSTREAM COTTAGE has moved in line with the HPI for terraced houses in the High Peak local authority area.
• The June 2018 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of MILLSTREAM COTTAGE has not materially changed since June 2018.

How Large is MILLSTREAM COTTAGE?

MILLSTREAM COTTAGE is 82m², which includes one extension, according to the EPC inspection conducted in March 2018. This puts it in the smallest 30% of terraced houses houses in Castleton, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Castleton, and where MILLSTREAM COTTAGE lies on this distribution: 21% of terraced houses houses are smaller than MILLSTREAM COTTAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in Castleton.

MILLSTREAM COTTAGE: Plot and Title Map

MILLSTREAM COTTAGE sits on a plot of roughly 0.011 of an acre, or 46m². The below map shows the location of MILLSTREAM COTTAGE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of MILLSTREAM COTTAGE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is MILLSTREAM COTTAGE?

MILLSTREAM COTTAGE is located on THE ISLAND in CASTLETON, in the S33 postcode district. The below map shows the position of MILLSTREAM COTTAGE on THE ISLAND.